The State Government’s surprise new taxes are damaging the local investment environment, driving people out of town and soon out of homes.
Member for Burnett Stephen Bennett said the Palaszczuk Government is destroying confidence of investors and adding sever cost-of-living pressures to local families.
“Treasurer Cameron Dick has broken his promise of no new or increased taxes,” said Mr Bennett.
“There’s been a gaming tax hike, a coal royalties’ hike, and now a new land tax.
“This latest tax will be destructive.
“It will hit renters hard at a time when we’re already seeing tent cities appear overnight and people struggle to put food on the table.
“For the first time in Australian history, a single state, Queensland, will calculate land tax liability based on properties owned across the nation regardless of whether they live here.
“As long as one property is owned in Queensland, landholders will be slapped with a ‘renters tax’; a tax that will no doubt be passed onto renters who are already experiencing record high prices and limited availability.
“This tax makes no sense and shows a government so desperate to raise revenue that they’re chasing any idea without thinking about how it might affect Queenslanders.
“It’s a thoughtless, multimillion-dollar tax grab that will have dire local, national, and international consequences.
ENDS.
06/09/2022